5 Simple Steps For Retailers Going High-Tech

• September 29, 2014

For most entrepreneurs, conventional cash registers have long been outdated and replaced by automated Point-Of-Sale (POS) systems, which are found even in the smallest of businesses. These systems have grown in popularity because aside from allowing easy and fast sale transactions, they also collect and provide real-time information about inventory and customers, thus enabling a retailer to be more efficient. When it comes to investing in POS systems, retailers should go for good quality high-tech systems. With the right equipment and software, the POS system becomes a strategic service center that will help the business grow. Below are simple steps that every retailer looking for a POS system should take.

Decide On The Software

The first step involves choosing the ideal software for your POS system. The choice should be based on the following points.

Ease-of-use and functionality: It is advisable to go for a system that is easy to use in order to prevent spending too much time and money training staff members. Alternatively, the system must also be able to meet the functionality needs of the store. The ideal POS system would therefore be one that offers a balance between functionality and ease-of-use.

Inventory: All POS systems ring up sales and track inventory, however an extremely good one allows retailers to assess inventory easily and thoroughly. Such systems allow retailers to easily add new items when they come in, set alerts for goods running low, generate purchase orders, and account for back orders.

Flexibility: Flexibility is one of the most important considerations to make while looking for a POS system. Aside from being able to meet current business needs, the system must also be able to adapt to whatever future needs that may arise.

Select System Components

After the software has been decided upon, the next step involves choosing the hardware and peripherals. The choices for POS hardware equipment are many with the prices ranging from hundreds to thousands of dollars. Whether a retailer chooses to go for touch screens, portable devices, or simple computer systems, the final decision should be compatible with the selected software and be capable of meeting the specific needs of a business.

Do The Implementation

The third step involves implementing the selected POS system. Depending on the complexity of the system, implementation can be done either by the owner of the business or by a trained profession. During this step, the software is implemented into the store’s server after which it is customized to perform everyday tasks.

Train Staff Members

Of all the processes involved in getting a newly acquired POS system up and running, training staff members is one of the easiest. Training staff members can take as little as several minutes. This is because all POS systems are designed with the user in mind and are therefore easy to use.

Integrate System To Other Stores

The last step, getting the system to work in other stores, only applies to large businesses that have multiple shops. In this step, information is uploaded from the pilot store and then exported to the other stores. Once that is done, inventory is synchronized and made available to staff members of all stores.

Artair McKenzie is a researcher in the field of EPOS systems. If you are looking for the most appropriate EPOS system for your business, Artair suggests you take a look at the various reliable systems found at I-POS.co.uk.